Ge Long Hui·2025-08-06 07:17Core Viewpoint - China Tower's performance in the first half of the year met expectations, with revenue growth of 2.8% year-on-year to 49.6 billion yuan and a net profit increase of 8% to 5.8 billion yuan, aligning closely with market forecasts of 49.7 billion yuan and 5.7 billion yuan respectively [1] Financial Performance - Revenue for the first half reached 49% of the bank's forecast for the full year 2025, while net profit accounted for 50% of the same forecast, indicating stable performance compared to the previous year [1] - The company declared an interim dividend of 0.13 yuan per share, with management reaffirming intentions to enhance shareholder returns [1] Analyst Rating - The bank maintains a "Hold" rating on the stock, adjusting the target price from 13.7 HKD to 13.1 HKD [1]